Goodwin’s consumer financial services practice is well-regarded for its experience representing financial institutions and fintech companies in class actions and enforcement matters. A particular area of growth for the group has been CFS disputes as a result of increased state and federal focus on ‘junk fees.’ The firm is led by Allison Schoenthal, based in New York, and Matthew Sheldon, based in Washington DC. Schoenthal has a broad range of expertise including enforcement defense, representation in class actions, and advice on compliance and risk. Similarly, Sheldon is well-versed in class actions and defending clients in matters pertaining to fair lending compliance, financial product sales and marketing practices, and ERISA compliance. He particularly ’stands out for CFPB and other finance enforcement work.’ In Washington DC, Thomas Hefferon is recognized for his extensive work on enforcement matters, class actions, and MDLs, frequently representing financial institutions, market participants, investors, and service providers.
Testimonials
Collated independently by Legal 500 research team.
‘The firm has a very strong consumer finance investigation practice, particularly focused on CFPB responses.’
‘I have been impressed with the firm's capability to manage complex and large discoveries.’
Key clients
- CIT Bank
- Fannie Mae
- Fifth Third Bank
- Keybank
- Ocwen Financial Corporation
- Select Portfolio Servicing
- SynergyOne
Work highlights
- Achieved a victory for Ocwen Financial Corporation defending litigation filed by the CFPB and several state consumer regulatory agencies.
- Advising Wells Fargo and handles portfolio-wide risk assessments.
- Defending Select Portfolio Servicing in a series of proposed consumer class actions.
Lawyers
Practice head
The lawyer(s) leading their teams.
Allison Schoenthal, Matthew Sheldon